Some big news hit the wire today. After more than 7 years of operation, DoubleDutch is now cash flow positive (and has announced some new funding from KKR, Bessemer, Bullpen, and others).
This is important news for a variety of reasons, but it is perhaps most relevant to both current and future DoubleDutch customers who are looking to partner with a vendor that is playing the long game.
At DoubleDutch, we are playing the long game are immensely excited about the future of our industry.
In my 2018 outlook post, I wrote the following:
“We believe the writing is on the wall for event technology point solutions, and vendors wishing to remain viable and independent will need to build or buy themselves towards a more complete offering…Bluntly, we believe that it’s an Aggregate or Be Aggregated moment.”
This news puts us emphatically in the Aggregate camp.
We have every intention of continuing to lead the industry in helping our customers use the power of digital (mobile, registration, event website) to make the live event experience better for attendees, planners, and marketers.
Thanks to all of those who have supported us over the years, and as always, feel free to reach out to me directly if you would like to talk shop.